Apr. 22 at 1:10 PM
$ITMSF Delays at this stage could be bullish in light of the fact that we know Intermap was selected on all four lots for the technicals. This case would stem from the assumption that companies that failed would be more likely to inquire than those that did well. Addressing inquiries and documenting the process in a fair way before the financials are open helps protect any decisions that could be seen as favoritism, frivolous or risky , such as having only one company pass the technicals. This reduces risk of protests once the notice to award is submitted. It also helps the committee defend awarding most or all lots to a single company. There are potentially neutral administrative reasons for delays and a negative possibility. However, the history with Intermap in Sulawesi, their being the only company with the IFSAR technical requirement and the fact that we know they passed the technicals on all four lots, points to the bullish interpretation.